I have read I will need to use a third party service to make this happen.  

I'm surprised there's not more legal guard rails in place for these types of deals given the large amount of $$ involved.Curious when a non accredited investor is let into an investment that states it's open to accredited investors only, how does that make sense? 

It's much easier to unwind a fee for service relationship than it is a partnership.  

Hard to produce cash flow or break even with that much debt, at that rate.House-hackers, however enjoy certain one time (non-scalable) advantages that should be taken advantage of in the early days: - They can assume pre-existing debt like VA and FHA Loans (rather than take it on Subject-To which is dramatically riskier).- They can rent by the room and self-manage to produce day 1 cash flow.- Many of these HCOL areas also have strict limitations on AirBnB or short-term rentals... that do not apply to owner-occupants - thus allowing for extreme cashflow potential for house-hackers.

What kind of seasoning is generally required as it relates to the rents/revenue as it relates to servicing the note, etc...I currently own one PadSplit (acquired via Subject-to) that has been up just over a month.

That person is responsible for anyone one else that comes into contact with your property.I suggest using a service like Mayistay.

When a PM does charge a markup, he's usually getting a discount on the service to keep the cost stable.

Everyone thinks they can paint but there's a big difference between a professional paint job and a non-professional one (the latter usually actually damages the property instead of improving it). 

Under 100amp service - very difficult to insure. 

This is a FREE service provided by the bank, and we have used this account for about 15 years or so.